HighTower Advisors LLC Has $2.09 Million Holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

HighTower Advisors LLC trimmed its stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 31.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,373 shares of the company’s stock after selling 43,199 shares during the period. HighTower Advisors LLC owned about 0.17% of Invesco High Yield Equity Dividend Achievers ETF worth $2,092,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PEY. Fortitude Family Office LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the 3rd quarter worth approximately $31,000. Fifth Third Bancorp boosted its holdings in Invesco High Yield Equity Dividend Achievers ETF by 81.7% during the second quarter. Fifth Third Bancorp now owns 3,634 shares of the company’s stock worth $71,000 after purchasing an additional 1,634 shares during the last quarter. CWM LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 164.6% in the second quarter. CWM LLC now owns 4,213 shares of the company’s stock valued at $83,000 after purchasing an additional 2,621 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Invesco High Yield Equity Dividend Achievers ETF by 889.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,424 shares of the company’s stock valued at $97,000 after buying an additional 3,977 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 2nd quarter worth about $106,000.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Invesco High Yield Equity Dividend Achievers ETF stock opened at $22.13 on Friday. The firm has a 50-day moving average of $22.12 and a 200-day moving average of $21.24. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $19.22 and a one year high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a $0.0773 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.05. The ex-dividend date was Monday, November 18th.

About Invesco High Yield Equity Dividend Achievers ETF

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.